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Unveiling the Potential of the Cold Chain Market

04-04-2024 09:14 AM CET | Food & Beverage

Press release from: Market Data Forecast

The global Cold Chain Market size is expected to be valued at USD 235.03 thousand units in 2024 and reach USD 338.99 thousand units by 2029, growing at a CAGR of 7.6% from 2024 to 2029.

Global Cold Chain Market Report Scope:
• Market Size (2029): USD 338.99 thousand units
• Market Size (2024): USD 235.03 thousand units
• CAGR (2024 to 2029): 7.6%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Type, Type Of Temperature, Application, And Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Lineage Logistics, AGRO Merchant, Priority Freezer, ITC Ltd, Henningsen, Americold Logistics, Burris Logistics, Nichirei Logistics, Kloosterboer, VersaCold Logistics, Weekly Warehouse, and Swire Refrigeration. Are playing a dominant role in the global Cold Chain Market.

The rising number of retail stores and the need to store huge quantities of temperature-sensitive products are majorly prompting the growth rate of the cold chain market. A cold chain storage system is equipment to store materials or products using certain procedures, such as thermal packaging solutions. Many industries like chemicals, food & beverages, dairy, and others use cold chain storage for better outputs. Cold chain storage systems play an important role in transporting products that are temperature-sensitive to other places without any damage or spoils. Therefore, the rising exports and imports of various products between the countries are deemed to showcase the growth opportunities for the market during the forecast period. The rising economic crisis is another primary factor for the market to grow eventually. The concern about food insecurity is increasing with the rising global economic crisis due to the emergence of the COVID-19 pandemic in 2020. This is increasing the prominence for the storage of various food products to overcome the difficulties in the specific time span that is fuelling the growth rate of the cold chain market.
Additionally, cold chain storage is highly adopted in the pharmaceutical industry. The need to store various chemicals and drugs/pharma products without any damage is likely to surge the market share. The pharmaceutical industry has a wide range of cold chain applications to save a wide variety of pharmaceutical products from freezing to cryogenic holding temperature ranges according to the requirements of the specific product. Along with the launch of innovative systems in the cold chain industry, the demand to adopt this equipment is increasing in varied industries. Live monitoring, data loggers, and the use of temperature sensors for adequate condition requirements for the products are a few innovative launches in the cold chain industry that will eventually amplify the market value. Also, government support through investments in pharmaceuticals, food and beverages, and other end users is ascribed to bolster the growth rate of the cold chain market.

However, high initial cost of the cold storage equipment is certainly a major drawback for the market growth rate. Small scale industries could not afford such expensive solutions where this factor is acting as a barrier for the market growth. Real time failure of the system functioning can cause a high risk of damage for the products which is slightly to impede the market growth rate during the forecast period.

Browse full details of the report https://www.marketdataforecast.com/market-reports/cold-chain-market

Key Insights from the Report:

• By Type, The growth of the storage sector is due to the increased preference for packaged foods worldwide.
• Based on Type of Temperature, The frozen section is anticipated to dominate the market during the outlook period in 2023
• Based on Application, the processed food sector is presumed to show the highest growth during the projection period due to continued innovation in packaging materials.
• The North American cold chain market is likely to grow at the highest CAGR during the forecast period. Market growth is primarily due to the large consumer base and increased penetration of connected devices.
• Lineage Logistics, AGRO Merchant, Priority Freezer, ITC Ltd, Henningsen, Americold Logistics, Burris Logistics, Nichirei Logistics, Kloosterboer, VersaCold Logistics, Weekly Warehouse, and Swire Refrigeration.

SEGMENTATION INCLUDED IN THIS REPORT:
By Type:
• Transportation
• Monitoring Components
• Storage
By Type of Temperature:
• Chilled
• Frozen
By Application:
• Fruits and vegetables
• Fruit pulp and concentrates
• Dairy Products
• Meat and seafood
• Processed foods
• Bakery and confectionery
• Pharmaceuticals
By Region:
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

Browse Regional Reports:
North America Cold Chain Market Research Report - segmented by Type, Type Of Temperature, Application, and Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-cold-chain-market

Europe Cold Chain Market Research Report - segmented by Type, Type Of Temperature, Application, and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-cold-chain-market

APAC Cold Chain Market Research Report - Segmented By Type, Type Of Temperature, Application, & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029 ) - https://www.marketdataforecast.com/market-reports/asia-pacific-cold-chain-market

Latin America Cold Chain Market Research Report - segmented by Type, Type Of Temperature, Application, & Country (Brazil, Argentina, Chile, and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-cold-chain-market

Middle East & Africa Cold Chain Market Research Report - Segmented By Type, Type Of Temperature, Application, & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2024 to 2029 - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-cold-chain-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year, and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferences
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market Share Analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Cold Chain Market, By Type
6.1.1 Transportation
6.1.2 Monitoring Components
6.1.3 Storage
6.1.4 Market Size Estimations & Forecasts (2024-2029)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Cold Chain Market, By Temperature Type
6.2.1 Chilled
6.2.2 Frozen
6.2.3 Market Size Estimations & Forecasts (2024-2029)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Cold Chain Market, By Application
6.3.1 Dairy & Frozen Desserts
6.3.2 Meat & Seafood
6.3.3 Fruits & Vegetables
6.3.4 Processed Foods
6.3.5 Bakery & Confectionery
6.3.6 Market Size Estimations & Forecasts (2024-2029)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2024-2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Temperature Type
7.2.4 By Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Temperature Type
7.3.4 By Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Temperature Type
7.4.4 By Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Temperature Type
7.5.4 By Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Temperature Type
7.6.4 By Application
8. Key Player Analysis
8.1 Lineage Logistics
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 AGRO Merchant
8.3 Priority Freezer
8.4 ITC Ltd
8.5 Henningsen
8.6 Americold Logistics
8.7 Burris Logistics
8.8 Kloosterboer
8.9 VersaCold Logistics
8.10 Weekly Warehouse
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

Contact Us:
MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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